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Resolution Authority

The Dodd-Frank Living Will... Will It Work?

Kevin L. Petrasic | Posted 11.21.2011 | Business
Kevin L. Petrasic

While it is tempting to think that things could have turned out differently for some of these firms if they had implemented and executed a Dodd-Frank living will, the reality is that probably not much would have changed.

Megabank Myths

The New York Times | SIMON JOHNSON | Posted 05.31.2011 | Business

Back when it really mattered -- last spring, during the debate over the Dodd-Frank financial regulation -- Senator Ted Kaufman, Democrat of Delaware, ...

Simon Johnson:The 'Too Big To Fail' Battle Heats Up In Europe

nytimes.com | SIMON JOHNSON | Posted 05.25.2011 | Business

Just when it seemed that the debate over banking was winding down -- with overwhelming victories on almost all dimensions for the people who run the w...

FDIC Chief: Too Big Banks Should Be 'Downzied'

Posted 05.25.2011 | Business

WASHINGTON (By Dave Clarke) - America's big international banks should restructure their operations unless they can prove they can easily be broke...

Financial Reform Debate Turns To Bill's Details

AP | DAVID ESPO | Posted 05.25.2011 | Business

WASHINGTON — Days of high-decibel partisanship yielded to slightly more subdued accusations as the Senate lurched into action Thursday on legisl...

Jason Linkins

Financial Reform Filibuster: Who Blinked To End It?

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Politics

Threatened with the prospect of having to spend the entire night sleeping on a cot inside the white sepulchre known as the United States Capitol, Senate Republicans have apparently assented to allowing a debate on the financial regulatory reform bill. Victory for Main Street! Unless, of course, Senate Democrats decided to back down on a strong(ish) bill so that the seeds of bipartisanship could be sown. In which case: Victory for David Broder!

Felix Salmon: Despite Reform Efforts, 'Big Banks Have Enough Lobbying Power To Continue Taking Big Risks' (VIDEO)

Posted 05.25.2011 | Business

Felix Salmon, Reuters' widely influential blogger, sat down with Huffington Post's Ryan McCarthy at the Milken Institute's Global Conference, to talk ...

Shahien Nasiripour

Volcker: New Government Powers Won't Be Able To Dismantle Megabanks; Too Big To Fail Lives Despite Reform Bill

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Updated at 5:45 p.m. ET. Former Federal Reserve Chairman Paul Volcker believes the centerpiece of the administration's effort to end Too Big To Fail ...

Sheila Bair, FDIC Chief: Reform Bill Will Make Bailouts 'Impossible'

American Banker | Rob Blackwell | Posted 05.25.2011 | Business

Would this bill perpetuate bailouts? SHEILA BAIR: The status quo is bailouts. That's what we have now. If you don't do anything, you are going to kee...

Shahien Nasiripour

Rep For Foreign Bankers Physically Restrains HuffPost Reporter From Questioning Treasury Official

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

A representative for a foreign bankers group forcefully prevented the press -- and physically restrained a Huffington Post reporter -- from attempting...

Good, Bad and Ugly in Financial Reform

Kathryn Wylde | Posted 05.25.2011 | New York
Kathryn Wylde

With health care out of the way, regulation of the financial industry tops the reform agenda in Washington. New York has a lot on the line.

Shahien Nasiripour

Senate Financial Reform Bill DOESN'T End Too Big To Fail, Major Credit Rating Agency Says

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

So much for ending Too Big To Fail. The financial reform bill championed by the Obama administration and Senate Democrats as permanently ending the i...

Paul Volcker, Former Fed Chief: Failing Banks Must Actually Fear They'll Be Allowed To Fail

AFP | 1 Hr 5 Mins Ago | Posted 05.25.2011 | Business

WASHINGTON (AFP) -- Failing US financial institutions must face the credible threat of government closure if reforms are to succeed, a key adviser to ...

Financial Reform Proposals By The Obama Administration Ignore 'Too Big To Fail': Simon Johnson

baselinescenario.com | Simon Johnson | Posted 05.25.2011 | Business

We agree completely with the administration's approach -- actually, with Elizabeth Warren's approach -- to consumer protection. (We make this clear i...

Six Key Fights for Wall Street Reform's Next Phase

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Thursday night's passage of Wall Street reform is an event to be celebrated, but several key issues remain in play as the House and Senate iron out differences between their respective versions of the legislation.

Senators Near Agreement On $50 Billion Fund To Wind Down Failing Financial Firms

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

Senate leaders are nearing agreement on the creation of a $50 billion resolution fund to finance the termination of failing financial firms, Bloomberg...

Andrew Ross Sorkin:

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

Can a bank be too big? That was one of the more interesting questions to come up during the Financial Crisis Inquiry Commission hearing last week, th...

Jamie Dimon, JPMorgan Chase CEO: Mega-Banks Should Be Allowed To Fail -- The Right Way

washingtonpost.com | Jamie Dimon | Posted 05.25.2011 | Business

Our company, J.P. Morgan Chase, employs more than 220,000 people, serves well over 100 million customers, lends hundreds of millions of dollars each d...

"Too Big To Fail" Bill Coming On Monday From Obama Administration: Reuters

Reuters | Posted 05.25.2011 | Business

WASHINGTON, Oct 23 (Reuters) - The Obama administration plans to unveil on Monday a new plan for dealing with troubled financial giants, said a senior...